And are there too many? Too many all trying pose as building se-y cost cutting things that are just vaporware cost centers? Seems like a good area to consolidate and cut. Then cut some more.
Short term disability question
Anyone know if we can get short term disability for anxiety at wells? I don’t have any previous experience with short term disability however the anxiety I’m experiencing working here is terrible.
More layoffs in the near future
https://www.desmoinesregister.com/story/money/business/2024/09/19/wells-fargo-layoffs-west-des-moines-jordan-creek/75295246007/
WF truly is a dead end
I’m sorry for veterans who have to learn this hard way, after investing years and decades here. Some of the younger generations came into a profound shift of how the workforce is perceived and treated, and know better than to stay in one company for... — read more
More layoffs at Jordan Creek
https://www.desmoinesregister.com/story/money/business/2024/09/19/wells-fargo-layoffs-west-des-moines-jordan-creek/75295246007/
Anyone else feel like they got punched in the face?
Got laid off on Tuesday after +25 years and while I kinda, sorta figured it HAD to be coming I'm still in shock. Given the multiple transfers (further and further from my area of expertise) over the last year or so, I find myself feeling manipulated... — read more
Chief Data Officer is jumping ship..
Every company out there is looking for AI and Data headcount. This place treats it like an after thought. Not sure why anyone in these areas would stay at this company, the $ and upward mobility are far great outside of this place.
10/2 CEO Town Hall
Flood Corporate Communications with questions for the town hall about Denise Prudhomme.
How common are faked qualifications overseas?
One of my international coworkers confided in me that they only completed one year of a college degree even though our job requires at least a Master's. They're competent enough for what we're asking them to do but it was still shocking to hear. How... — read more
Global survey is mandatory?
Got an email from my level 2 up manager . Stated that completing the survey is mandatory. They even had a list of who hadn’t completed it yet. So much for anonymity.
Your first impressions of Charlie Scharf?
Your first impressions of Charlie First time you saw the CEO in person or via video. Thoughts? #OhCharlie
What's the best way to ask for a raise?
I feel (not certain) I am at the bottom of the range and I feel that my contribution is exceptional. Is there a way to ask for a better comp without pi----g off the manager?
How to deal with layoff anxiety during stressful times
Trying to keep on keeping on while the displacement axe is swinging... https://www.calm.com/blog/layoff-anxiety Snippet from article: "In times of economic uncertainty, lack of job security can be frightening. Feeling the need for financial... — read more
Are processes and procedures in place for a reason or out of incompetence?
I paid more attention during the last week to how much time and energy I had to dedicate just to paperwork, following the specific procedures and compiling reports. Oh, and regular meetings. My estimate is 70% of the time. I’m not talking about the... — read more
Unethical behavior
I’ve been with Wells for many years and I’ve never seen the sort of unethical behavior as I have lately. Employees are so afraid of missing a deadline or ending up on a report that they are doing anything they can to not miss the deadline or land on... — read more
Make sure you setup the Authenticator app on your phone
Now, before you get displaced. You will need that to login to workday/teamworks etc
Displaced yesterday
I was displaced yesterday. I am trying to access workday at home from teamwork’s at home. I can’t login. I follow the prompts, request a new password sent to my personal email address (which I did have on file in workday before I logged off). I keep... — read more
Dear Chuck I have an idea
Anyone numerically eligible for retirement should be offered an early retirement package which would be equal to severance with early retirement benefits not sure who would turn it down win-win saves time and money
Good take on Amazon RTO
https://x.com/johncodezzz/status/1836205682539786345 I’m a former AWS employee: most of the hot takes on Amazon's new strict return-to-office policy are wrong. Anyone who’s been paying attention saw this coming years ago. And ultimately, it comes... — read more
Failure of RCSA program
We just got another slap from the regulator after spending billons of dollars on RCSA (in phase 1, phase 2 and chicken dance we were doing before Phase 1). The program is nowhere close to being wound up and costs are still being incurred at eye... — read more
Praising the gambler
Buying stock is a gamble, why do large corporations pander to the gamblers rather than the folks that actually earn $$ for the investors?
Medical accommodation reviews
I recently had my medical accommodation for a disability that will never improve or change reviewed. My doctor completed the required forms. Hr only approved for a year even though my dr clearly requested I work remotely ongoing. Does anyone... — read more
Employee Survey Privacy
The following are excerpts from the survey's Privacy Notice (did you read it before making a decision to submit it?) where the third-party company states how they may collect personal information: "Personal information that could be collected... — read more
Email invite from HR
I have an invite to join a teams call with HR next week? All it says is “listening in with so and so” . I’m hoping it’s what I think it is but not sure 🤔. Can anyone elaborate on what this might be ?
Apparently Charlie’s only talent is “cut, cut, cut”. An interesting article on McKinsey & Co.
We’ve talked about it here before but this is a good read about how McKinsey and Co — Wells Fargo’s business consultant — “routinely pushes profits over ethical conduct” and has a hand in su-king the life out of companies, communities and employees... — read more
Stupid of me to stay here for over ten years
I’m trying to look for another job, and having WF on the resume while looking for another banking job is not really a plus. I’ve been trying for months now, and all the offers that came my way were worse than what I have here. I’ve been actually... — read more
Older workers - agreement
did any "older workers" (lol) retain an attorney to review the Agreement & Release prior to signing once you were displaced? it seems pretty straightforward - sign it or you don't get severance - but i see several places where they are encouraging... — read more
Lay off’s ❌open positions
If your company is doing mass lay off’s there shouldn’t be any open positions.
RCSA leads to a Layoff
Was on the RCSA facilitation support team for the last 18 months to be told all along how important this work is in lifting the asset cap only to be laid off as the higher up’s receive their bonuses for making the September 30th deadline.
CEO Level, job prospects
Slashed and gutted companies earning the nickname Chainsaw Charlie. Outsourced thousands of jobs to India. RTO for thee not for me.
Barnhart layoff 9/17
Several employees of EDB CCCS/Spanish laid off today.
Wrongful Death lawsuit for Denise
Wells Fargo executives should be held accountable for their negligence in Denise Prudhomme's death. Is there a Wrongful Death lawsuit in the works?
RTO 5 days a week??
Amazon is bringing folks back to the office 5 days a week, starting next January to force people to leave. 🚩🚩🚩 Hope Charlie doesn't start doing the same. 😱
laid off today - missed bonus cutoff
with the 60 day working, does that ki-l changes for bonus
Retirement timing
I HAVE spoken to my HR business rep, who was friendly but for the most part unhelpful. I am pondering retiring between now and end of year. I am an executive dir. in CB and must give 60 days notice. I am fairly sure it will be non-working, but my... — read more
VP Level, job prospects
How long have folks been looking before they land a position? I have a very strong network and have reached out to everyone, but after 7 months nothing has materialized. I am looking at positions in the $160K range
CMO for consumer lending left
Huge loss
Got the call on PTO
Here we go
Layoffs today 9/17
Looks like CIB COO getting hit. Where else ?
Revoke used PTOs before leave
I plan to leave in a few weeks... Can I revoke these used PTOs before I leave? I used 48 hours PTOs and I'm trying to get more $$$ from this $hit employer :)